Oil Prices Cross $100 a Barrel as Iran Conflict Shakes Global Markets. Global oil prices have surged past $100 per barrel for the first time since 2022, as escalating tensions in the Middle East threaten global energy supplies and trigger concern among world leaders. The sharp rise comes amid the ongoing conflict involving Iran, the
Oil prices increased by more than 8% on Monday, March 2, 2026, hitting their highest levels in months, after Iran and Israel intensified attacks across the Middle East, damaging tankers and disrupting shipments from one of the world’s most critical energy-producing regions. Futures for Brent crude climbed to an intraday high of Ksh 10,626 per
World oil prices remained unchanged on Tuesday, January 27, as the effects of a strong winter storm in the United States offset any positive developments in the supply side, especially in Central Asia. Markets balanced weather-driven production losses and refinery disruptions with expectations of restored output and steady policy from major oil producers. Brent crude
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